Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the tax rate high or low?
The tax rate of 21.13% is in line with its 5-year average of 21.90%, near the high end of its 5-year range (-40.89%–27.55%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.05% above its 12-month average of 19.92%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
21.13%
TAX RATE AVG TTM
19.92%
TAX RATE AVG 3Y
22.89%
TAX RATE AVG 5Y
21.90%
TAX RATE AVG 10Y
19.79%
TAX RATE AVG 15Y
21.13%
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+6.05%
CURRENT VS 3Y AVG
-7.71%
CURRENT VS 5Y AVG
-3.54%
CURRENT VS 10Y AVG
+6.75%
CURRENT VS 15Y AVG
-0.02%
CURRENT VS 20Y AVG
N/A
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | TAX RATE |
|---|---|
| 2026-06-30 | 21.13% |
| 2026-03-31 | 15.70% |
| 2025-12-31 | 19.81% |
| 2025-09-30 | 23.04% |
| 2025-03-31 | 23.69% |
| 2024-12-31 | 27.55% |
| 2024-09-30 | 24.83% |
| 2024-06-30 | 19.82% |
| 2024-03-31 | 21.01% |
| 2023-12-31 | 23.50% |
| 2023-09-30 | 22.34% |
| 2023-06-30 | 25.07% |
| 2023-03-31 | 22.76% |
| 2022-12-31 | 18.07% |
| 2022-09-30 | 17.24% |
| 2022-06-30 | 23.32% |
| 2022-03-31 | 23.43% |
| 2021-12-31 | -40.89% |
| 2021-09-30 | 2.02% |
| 2021-06-30 | 8.29% |
| 2021-03-31 | 16.26% |
| 2020-12-31 | -65.73% |
| 2020-09-30 | 37.76% |
| 2019-12-31 | 8.87% |
| 2019-09-30 | 17.89% |
| 2019-06-30 | 15.60% |
| 2019-03-31 | 20.30% |
| 2018-12-31 | 15.17% |
| 2018-09-30 | 23.84% |
| 2018-06-30 | 22.19% |
| 2018-03-31 | 35.56% |
| 2017-12-31 | -168.10% |
| 2017-09-30 | 13.58% |
| 2015-09-30 | 26.35% |
| 2014-09-30 | 23.68% |
| 2013-03-31 | 26.00% |
| 2012-12-31 | 25.68% |
| 2012-09-30 | 25.64% |
